Mealey's (March 4, 2021, 8:02 AM EST) -- BOSTON — A federal judge in Massachusetts on Feb. 23 granted preliminary approval of a class settlement valued at approximately $59 million by the former Raytheon Co. employee who filed a putative class complaint alleging that six pension plans sponsored by Raytheon calculated joint and survivor annuity (JSA) benefits and preretirement survivor annuity (PSA) benefits by using outdated mortality and interest rate assumptions, resulting in benefits less than an “actuarially equivalent” amount....